The Fractals of Finance: Richard Brennan on Complex Adaptive Markets and the Real OODA Loop

The Fractals of Finance: Richard Brennan on Complex Adaptive Markets and the Real OODA Loop

May 27, 2026 · 1h 32m · Episode 167

About this episode

Richard Brennan discusses the unpredictability of markets and the importance of aligning with price rather than predicting it.

Send us Fan Mail Most investors lose because they are running a predictive model in a system that punishes prediction. Richard Brennan has spent decades building the alternative: align with price instead of predicting it. Richard Brennan is a trend follower, complex adaptive systems researcher, and author of The Fractals of Finance and Complex Adaptive Markets. He joins Mark McGrath and Brian "Ponch" Rivera on No Way Out for a conversation about why the market cannot be predicted, why it can ...

More episodes of No Way Out

Explore listener stats, chart rankings, contacts and more on the No Way Out podcast page.